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Taiwan Oasis Technology CoROCO:3066 -8.26%50 Altman Z-Score is 1.82 as of Jul. 19, 2026, which is 344% above its 10-year median of 0.41. GuruFocus rates ROCO:3066 with a GF Score™ of 50/100 and a GF Value™ of NT$16.60 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,459 Hardware companies, Taiwan Oasis Technology Co ranks worse than 77.43% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 1.82 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
Taiwan Oasis Technology Co has a Altman Z-Score of 1.82, indicating it is in Grey Zones. This implies that Taiwan Oasis Technology Co is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Taiwan Oasis Technology Co's Altman Z-Score or its related term are showing as below:
ROCO:3066'
s Altman Z-Score Range Over the Past 10 Years
Min: -0.17 Med: 0.41 Max: 3.24
Current: 1.82
During the past 13 years, Taiwan Oasis Technology Co's highest Altman Z-Score was 3.24. The lowest was -0.17. And the median was 0.41.
Taiwan Oasis Technology Co (ROCO:3066) Altman Z-Score Explanation
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Components subindustry, Taiwan Oasis Technology Co's Altman Z-Score, along with its competitors' market caps and Altman Z-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Taiwan Oasis Technology Co Altman Z-Score vs Hardware Industry
For the Hardware industry and Technology sector, Taiwan Oasis Technology Co's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Taiwan Oasis Technology Co's Altman Z-Score falls into.
Taiwan Oasis Technology Co Altman Z-Score Calculation
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Taiwan Oasis Technology Co (ROCO:3066) has a Altman Z-Score of 1.82 as of Jul. 19, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Taiwan Oasis Technology Co and its competitors. This is 344% above median its historical median of 0.41. According to the industry distribution chart, Taiwan Oasis Technology Co ranks #1904 out of 2459 companies in the Hardware industry, placing it in the top 77.4%.
Is Taiwan Oasis Technology Co's Altman Z-Score too high?
Taiwan Oasis Technology Co's current Altman Z-Score of 1.82 is 344% above median its 10-year median of 0.41. The Hardware industry median Altman Z-Score is 3.45. Taiwan Oasis Technology Co's value of 1.82 is 47.2% below this industry median. Based on the distribution chart, Taiwan Oasis Technology Co ranks #1904 out of 2459 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Taiwan Oasis Technology Co has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Oasis Technology Co's Altman Z-Score compare to APH and GLW?
According to the Hardware industry distribution chart, Taiwan Oasis Technology Co ranks #1904 out of 2459 companies for Altman Z-Score. This places Taiwan Oasis Technology Co in the lower half of its industry. The industry median Altman Z-Score is 3.45. Taiwan Oasis Technology Co's value of 1.82 is 47.2% below this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 3.45, Taiwan Oasis Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Hardware company?
The median Altman Z-Score among Hardware companies is 3.45, based on 2,459 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taiwan Oasis Technology Co's current Altman Z-Score of 1.82 is 47.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Taiwan Oasis Technology Co and its competitors. For the Hardware industry, the median Altman Z-Score is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiwan Oasis Technology Co's current Altman Z-Score is 1.82, which is 344% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Oasis Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Oasis Technology Co (ROCO:3066) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$16.60, compared to a current price of NT$22.20 — trading 33.7% above its estimated fair value. The current Altman Z-Score is 1.82, which is 344% above median its 10-year median of 0.41 and 47.2% below the Hardware industry median of 3.45. Taiwan Oasis Technology Co's overall GF Score™ is 50/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Taiwan Oasis Technology Co (ROCO:3066), the current Altman Z-Score is 1.82 as of Jul. 19, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Taiwan Oasis Technology Co (ROCO:3066) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Oasis Technology Co stock appears to be overvalued.
The current stock price of NT$22.20 is trading 33.7% above its estimated GF Value™ of NT$16.60.
GuruFocus considers Taiwan Oasis Technology Co to be Significantly Overvalued.
Key valuation signals for ROCO:3066:
Altman Z-Score: 1.82 (344% above median its 10-year median of 0.41)
GF Value™: NT$16.60 vs. price of NT$22.20 (33.7% above fair value)
Industry Position: 47.2% below the Hardware median (#1904 of 2459)
No single metric tells the full story. See the ROCO:3066 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Oasis Technology Co Ltd main businesses of the Company are import and export trading, processing, manufacturing, plastic products, raw materials, large and small hardware mechanical building materials, electronic components, materials of electrical appliances and all types of LED products. It has four segments LED opto-electronic mainly responsible for the design, development, manufacturing, and processing or LED products; epitaxy segment mainly responsible for the development, manufacturing, and sales of LED dies; semiconductor segment mainly responsible for the processing and sales of semiconductor chips; other segments mainly responsible for the design, manufacturing, processing of plastic molds and labor of which majority of revenue comes from LED opto-electronic segment.
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